VideoEgg Raises Additional $3.5 Million Funding

VideoEgg, the San Francisco-based online video tools provider, which powers the video on sites like Bebo, hi5, Dogster, Piczo, Flixster and Tagged.com, has raised $3.48 million in additional third round funding from an undisclosed investor based in Luxembourg.

Last year the company announced $12 million in third round. Word on the street is that this company is soaring.